Directrice:
Prof. Gaëlle Le Fol Secrétariat:
Mathilde Repellinmaster203@dauphine.fr

Université Paris- Dauphine
Léonard de Vinci University Center
Office E1051/B
Avenue Léonard de Vinci
92400 Courbevoie - France


Admission procedure

Admissions to the 2-year program

(M1+M2 with 3 semesters of courses)

Admissions to the 2-year program (M1+M2 with 3 semesters of courses) are open to students who have completed a Paris-Dauphine L3 in management  provided that they have passed in the first exam session and have obtained a minimum grade of 08/20 in each course. Moreover they should have followed the following courses: l'UE 01 Finance d'entreprise, l'UE 24 Statistiques appliquées à la gestion, l'UE 03 Mathématiques financières.

Admissions to the 2-year program (M1+M2 with 3 semesters of courses) are also open to:

  • non-resident students holding or completing a Bachelor's degree,
  • French nationals holding or completing a L3 (License) in Economics, Management, Mathematics, or Management IT,
  • and to students from engineering or business schools.

French Grandes Ecoles graduates may ask to complete the degree in 1 year. The request should be expressed in the cover letter joined in the application file. This possibility is granted by the director of the Master according to the student's profile.

Note that, students interested in the double diploma 203 + QTEM must apply before Mai 31, 2018 and send a complete file to master203@dauphine.fr. For more information, see that article called "Dauphine in part of the QTEM Network: the 203 is part of the adventure'.

Admissions to the 1-year program

(M2 with 2 semesters of courses)

Admissions to the 1-year program (M2 with 2 semesters of courses) are open to students who have completed a Paris-Dauphine Master 1 (M1) majoring in Finance, provided that they have passed in the first exam session and have obtained a minimum grade of 08/20 in each course. Moreover they should have followed the following courses: UE 104 Fixed Income Markets, UE 106 Investments and Financial Markets (in English), UE 112 Derivative products and markets (in English), UE 111 Financial Modeling and applications (in English), UE 121 Introduction to financial econometrics and UE122 Quantitative Strategies.

Admission is also opened to resident students in economics, management and mathematics.

Admission is finally opened to non resident students holding or completing a Master's degree.

The admission process is the same for all candidates.

The applications for 2019 will open on January 29, 2019

Short-listing based on applications

The application will include:

  • a handwritten cover letter in English,
  • a resume in English,
  • the candidate's complete transcripts for each university year,
  • TOEFL iBT results dating back no more than two year (not requested for English native speakers), TOEIC IS NOT ACCEPTED
  • a letter of recommendation

Highly recommended

GMAT (Graduate Management Admissions Test) results dating back no more than one year (to take a GMAT test) or GRE (Graduate Record Examination).

Application time frame 

  • Application deadline: March 12, 2019
  • Admissibility and convening of pre-selected candidates for oral tests will be notified by the end of March 2019
  • Candidates will be definitively admitted after oral tests taking place during the first 3 weeks of April 2019
  • 1 motivation interview with a recruitment professional and one Master's instructor.
  • Admissions will be announced around mid April 2019 (M2 level) and end of June (M1 level).

Informations meeting:

Information meeting for all students, will be organized sometimes in January and will be announced soon.

The head of the Master 203, some of the students (1 year and 2 year programs) as well as some of the former students will present the program and answer the questions.

We will also be at the Dauphine Master fair at Dauphine Porte Dauphine, in February 8 2019 (9:00am-5:00pm). Participation is FREE but registration is mandatory. The registration service for that event will open in January.

Tuition & Fees

The Master 203 is what we call a "Grand EtablissementMaster program" (DGE) of the Université Paris - Dauphine. As such, tuition varies according to an income-based scale. Get more details.

For 2018-2019, students whose tax residence or whose parents' tax residence is outside of the European Union and who provide a tax certificate to that effect, were paying a flat tuition of 6,350 Euros and are not eligible for any reductions.